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ExlService Holdings (ExlService Holdings) Cyclically Adjusted PB Ratio : 6.84 (As of Apr. 27, 2024)


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What is ExlService Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), ExlService Holdings's current share price is $29.36. ExlService Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.29. ExlService Holdings's Cyclically Adjusted PB Ratio for today is 6.84.

The historical rank and industry rank for ExlService Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

EXLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.01   Med: 5.01   Max: 9.63
Current: 6.84

During the past years, ExlService Holdings's highest Cyclically Adjusted PB Ratio was 9.63. The lowest was 3.01. And the median was 5.01.

EXLS's Cyclically Adjusted PB Ratio is ranked worse than
82.69% of 1288 companies
in the Software industry
Industry Median: 2.495 vs EXLS: 6.84

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ExlService Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $5.381. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $4.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ExlService Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ExlService Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ExlService Holdings Cyclically Adjusted PB Ratio Chart

ExlService Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 5.49 8.20 8.62 7.20

ExlService Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.62 8.00 7.29 6.61 7.20

Competitive Comparison of ExlService Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, ExlService Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ExlService Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, ExlService Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ExlService Holdings's Cyclically Adjusted PB Ratio falls into.



ExlService Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ExlService Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.36/4.29
=6.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ExlService Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ExlService Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.381/129.4194*129.4194
=5.381

Current CPI (Dec. 2023) = 129.4194.

ExlService Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.419 99.695 3.140
201406 2.501 100.560 3.219
201409 2.493 100.428 3.213
201412 2.548 99.070 3.329
201503 2.625 99.621 3.410
201506 2.676 100.684 3.440
201509 2.705 100.392 3.487
201512 2.814 99.792 3.649
201603 2.895 100.470 3.729
201606 2.969 101.688 3.779
201609 3.091 101.861 3.927
201612 3.164 101.863 4.020
201703 3.331 102.862 4.191
201706 3.441 103.349 4.309
201709 3.527 104.136 4.383
201712 3.540 104.011 4.405
201803 3.493 105.290 4.294
201806 3.414 106.317 4.156
201809 3.353 106.507 4.074
201812 3.612 105.998 4.410
201903 3.670 107.251 4.429
201906 3.750 108.070 4.491
201909 3.798 108.329 4.537
201912 3.920 108.420 4.679
202003 3.823 108.902 4.543
202006 3.968 108.767 4.721
202009 4.182 109.815 4.929
202012 4.286 109.897 5.047
202103 4.332 111.754 5.017
202106 4.379 114.631 4.944
202109 4.109 115.734 4.595
202112 4.164 117.630 4.581
202203 4.203 121.301 4.484
202206 4.140 125.017 4.286
202209 4.264 125.227 4.407
202212 4.563 125.222 4.716
202303 4.773 127.348 4.851
202306 5.033 128.729 5.060
202309 5.185 129.860 5.167
202312 5.381 129.419 5.381

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ExlService Holdings  (NAS:EXLS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


ExlService Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ExlService Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ExlService Holdings (ExlService Holdings) Business Description

Traded in Other Exchanges
Address
320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage company's deep expertise in analytics, AI, ML and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers in multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging, Analytics. The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.
Executives
Vikas Bhalla officer: VP, Operations of EXL India C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Pamela M Harrison officer: CHIEF HUMAN RESOURCES OFFICER 6620 WEST BROAD STREET, RICHMOND VA 23230
Anne Elizabeth Minto director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Clyde W Ostler director
Maurizio Nicolelli officer: Executive Vice President & CFO C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Andreas Fibig director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Ajay Ayyappan officer: SVP & Gen Counsel/Corp. Sec'y. 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Nalin Kumar Miglani officer: VP and Chief HR Officer C/O EXLSERVICE HOLDINGS INC, 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Garen K Staglin director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Anita Mahon officer: See Remarks 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Narasimha Kini officer: VP, Advis. Serv. of EXL India C/O EXLSERVICE HOLDINGS, INC., 350 PARK AVENUE, NEW YORK NY 10022
Rohit Kapoor director, officer: President and CFO C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Ankor Rai officer: EVP, Chief Digital Officer 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104